FIVE WEALTH LIMITED Financials
- Company number
- 10240184Copy
Copy - Registered office
- Level 8 Abc Building, 21-23 Quay Street, Manchester M3 4AE
- Incorporated
- 20/06/2016
Company snapshot
- Status
- Active
- Employees
- 30 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
146.64%vs 20232023: £1.03M
Total Assets
40.59%vs 20232023: £2.14M
Cash in Bank
-17.49%vs 20232023: £1.81M
Total Liabilities
-57.90%vs 20232023: £1.11M
Employees
+4vs 20232023: 26
In 2024, FIVE WEALTH LIMITED reported net assets of £2.54M. The same filing shows total assets of £3.01M, cash in bank of £1.49M and total liabilities of £467.19K. Reported headcount was 30 in 2024. Net Assets rose from £1.03M in 2023 to £2.54M in 2024 (146.64%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
146.64%from £1.03M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures FIVE WEALTH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+325%vs 2022+106% a year compound (CAGR)
Cash in Bank
+36.9%vs 2022+17% a year compound (CAGR)
Total Assets
+128%vs 2022+51.1% a year compound (CAGR)
Total Liabilities
-35.1%vs 2022-19.4% a year compound (CAGR)
Employees
+11.1%vs 2022+3Biggest increase
Net Assets+325%
£598.12K in 2022 to £2.54M in 2024
Biggest decrease
Total Liabilities-35.1%
£719.82K in 2022 to £467.19K in 2024
FIVE WEALTH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIVE WEALTH LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 84.48%2024
- Liabilities to total assets
- 15.52%2024
- Cash to liabilities
- 318.82%2024
- Cash to total assets
- 49.50%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FIVE WEALTH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 633.59K | 598.12K | 1.03M | 2.54M |
| Total Assets£ | 1.41M | 1.32M | 2.14M | 3.01M |
| Cash in Bank£ | 1.09M | 1.09M | 1.81M | 1.49M |
| Total Liabilities£ | 777.93K | 719.82K | 1.11M | 467.19K |
| Employees | 25 | 27 | 26 | 30 |
FIVE WEALTH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FIVE WEALTH LIMITED filed financial statements?
Yes. Okredo holds filed figures for FIVE WEALTH LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FIVE WEALTH LIMITED report in 2024?
FIVE WEALTH LIMITED reported net assets of £2.54M for 2024. That compares with £1.03M in 2023, a change of 146.64%.
What total assets did FIVE WEALTH LIMITED report in 2024?
FIVE WEALTH LIMITED reported total assets of £3.01M for 2024. That compares with £2.14M in 2023, a change of 40.59%.
What cash in bank did FIVE WEALTH LIMITED report in 2024?
FIVE WEALTH LIMITED reported cash in bank of £1.49M for 2024. That compares with £1.81M in 2023, a change of -17.49%.
How many people does FIVE WEALTH LIMITED employ?
FIVE WEALTH LIMITED reported 30 employees in 2024, compared with 26 in 2023.
How have FIVE WEALTH LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FIVE WEALTH LIMITED's net assets rose by 325%, cash in bank rose by 36.9%, total assets rose by 128% and total liabilities fell by 35.1%. Net assets compounded at 106% a year across the two years to 2024, from £598.12K to £2.54M. Reported headcount went from 27 in 2022 to 30 in 2024 (+3).
Which years of FIVE WEALTH LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.